Ripple is a world-famous network that traditional banks use to settle cross-border and remittance payments. It also facilitates the exchanges of fiat and digital currencies.
For the past few months, the discussion over crypto staking has grown, and almost every crypto mogul is talking about the same.
David Schwartz, the Chief Technology Officer of Ripple, engaged with an ‘X’ post that provoked discussion regarding the regulations surrounding staking and tokenization in the crypto sector.
The discussion was initiated by ‘X’ user Molly Elmore. She has 25.5k followers on X.
Let’s say for a minute that „staking” a digital asset that rewards validators using POS is considered a security.
There are rules around who can buy legally securities, and in some instances, are limited to accredited investors.
Prometheum is pushing for ETH to be considered a…
— Molly Elmore (@mollyelmore22) March 30, 2024
David noted, “I don’t understand how to make sense of this. I
We współpracy z: https://www.thecoinrepublic.com/2024/04/01/ripple-cto-describes-staking-the-sec-seeks-2-b/
